Saudiaramco
QUICK ANALYSIS ON 1322Dear Saudi Investors, I saw in a group long ago some people talking about buying 1322, last Friday when I checked the posts I found that most of them have bought and looking for a point where to close with minimal losses.
The reason why I'm posting this is to tell you not to buy 1322 currently since the stock is still going down for months, so please don't put your money in stocks such as these and invest them in stocks in which you will make at least 10% of your investement.
Before you put your money in a stock make sure to get a good consultation.
The comment is all yours if you got any question!
BUY 4300Dear Saudi Traders and Investors, I'm sharing with you a buying opportunity I shared with my customers 2 weeks ago.
You can see on the chart, we have a breakout of the Golden Point with a confirmation, the market will keep going long.
You traders can buy 4300 and set SL and TP at your own risk.
For the investors, you still can put your money in the stock.
If you got any questions the comment section is all yours.
Quick analysis on 2010Dear saudi Traders/Investors, someone asked me the other day via DMs if it's the time to buy 2010, I answered and I said why not to bring it to the public after that all my customers recieved the information 2 weeks ago.
Well, as you notice on the chart, the price currently is heading short towards the support line, to buy it, you must wait until the price breaks throught the resistance level to have a safe and clear entry.
Let me know if you have any questions.
A wonderful idea about this stockwe can enter gain in the area of 70 riyal
a big buyer appeared here inn this area before with high volume , AND he was able to stop the downward volume for some candlesticks.
we think it will retest this area , the buyer will appear again and will shift the trend .
we mus have a stop loss at 68 riyal perstock
BUY 2222Dear Saudi traders, I'm making an analysis for you on 2222 (ARAMCO) to inform you that you can buy it now since it broke the toughest resistance line on the chart then pulled back on it and now it gave us the confirmation to buy it.
Please let me know what markets you want me to analyze for you in the comment section!
Quick analysis on 2222Good evening dear Saudi traders!
2 months ago, I posted to buy 2222 (ARAMCO) at the perfect entry point, today thanks to god the market is going on its way up after breaking the level 0.5 of the pitchfork that's simulated by the blue line, now it's on its way up to reach the level 0. Keep holding your positions for now.
I can't share the pitchfork analysis to the public that's why I simulated the levels with the blue lines.
Don't hesitate to ask in case you have any question!
TASI how to trade the downtrend in TadawulSaudi stock market, also known as Tadawul, is the largest in the Middle East, and it has been in spotlight due to various economic reforms aimed at diversifying the country's economy and reducing its reliance on oil exports. The government's Vision 2030 plan includes initiatives to attract foreign investment, develop non-oil sectors, and privatize state-owned companies, which could contribute to the growth of the stock market.
Technical analysis:
- TASI has enjoyed a bull run to reach highs of 14,000 in May-22 from the Covid lows of 5,600 in Mar-20
- It is in downtrend since last 10 months and next support level is pre-Covid peak of May-19 at 9,386
- On daily timeframe, 200 DMA support is broken and price is headed downwards
- Volume is below average
- Negative directional movement
Strategy:
Price is trading in descending channel. Below strategies can be useful:
- Sell the top of channel
- Buy at the bottom of channel
- Buy if the price breakouts above the channel
Recommendation: SELL
TIME TO BUY AL RAJHI BANK !Dear investors, this is time to buy AL RAJHI BANK stocks. As you can see on the chart the price kept consolidating in a specefic channel the past eight months, I have been waiting for this exact moment to announce you this for the past three months, here we are today. After the consolidation and the small range of volumes, this week we got a high volumed springbox at the end of the down trend, plus it pulled near the 209 EMA. What are you still waiting for ? BUY AL RAJHI BANK stocks !
In case you have any question don't hesitate to ask I'll answer with pleasure